Transcription of DB-6 Precedent Transactions - Energy
1 Page 1 of 2 Precedent Capital Markets Transactions for Transmission ProjectsDateProjectRevenue Model Type of InvestmentLead Investor/ArrangerAmount (approximate)Sep-03 PATH 15 Rate RecoveryEquity ArcLight, Energy Investors Fund 38,300,000$ Sep-03 PATH 15 Rate RecoveryDebt Citigroup and Macquarie Securities 181,700,000$ Jul-05 NeptuneCapacity SalesEquity Energy Investors Funds and Starwood Capital Group 97,000,000$ Jul-05 NeptuneCapacity SalesDebt Societe General 600,000,000$ Feb-06 Cross-Sound CableCapacity SalesEquityBabcock & Brown Infrastructure25,700,000$ Feb-06 Cross-Sound CableCapacity SalesDebtCommonwealth Bank of Australia193,100,000$ Oct-07 Trans-Bay CableRate RecoveryDebt Bayerische Landesbank 465,000,000$ Oct-07 Trans-Bay CableRate RecoveryEquitySteel River Infrastructure Partners 50,000,000$ Aug-08 Trans-Allegheny Interstate Line Company Rate RecoveryDebtBNP Paribas and Citigroup 550,000.
2 000$ Aug-09 Linden VariableFrequency Transformer Capacity SalesEquity GE Financial Services UndisclosedNov-10 Electric Infrastructure Alliance of America REIT (various assets)Rate Recovery Equity Hunt, TIAA-CREF,Marubeni, John Hancock $2,100,000,000 Jun-11 Sharyland CREZRate Recovery debt Royal Bank of Canada (RBC), Royal Bank of Scotland (RBS), and Societe Generale $730,000,000 Jul-11 Cross-Texas Transmission CREZRate RecoveryDebtMitsubishi UFJ, BNPP aribas, Dexia, Citigroup $430,000,000 page 2 of 2 Precedent Capital Markets Transactions for Transmission ProjectsDateProjectRevenue Model Type of InvestmentLead Investor/ArrangerAmount (approximate)Aug-11 Wind Energy Transmission Texas CREZRate RecoveryDebt Mitsubishi UFJ, Deutsche Bank $500,000,000 Nov-11 Lone Star CREZRate RecoveryDebt Mitsubishi UFJ, Mizuho, Credit Agricole, RBC $386,600,000 Dec-11 NeptuneCapacity SalesEquity California Public Employees Retirement System (Calpers) undisclosed May-11 Hudson TransmissionCapacity SalesEquity EIF, Starwood $178,000,000 May-11 Hudson TransmissionCapacity SalesDebt Societe General $691,000,000 Mar-13 PATH 15 Rate RecoveryEquity Duke-ATC $56,000,000 Total $7,272,400,000
